Staff MemberSuper ModeratorVIP Professional

President Putin is in China today and the consequences could mark this visit as one of the big ones.

Top of the list is the 30 year gas Deal, which all indications from both Russian and Chinese media is expected to be signed during the visit. The mega trillion yuan deal (no dollars will be involved) may be the headline grabber, but other announcements from Russia today indicate that there other deals no less momentous likely to be signed.

Building on the basic frameworks and physical requirements of the Gas Pipeline, Putin has made it clear that there are significant opportunities for Chinese companies and Capital to develop the Russian Far East and the creation of a Free Trade Zone. Whether this is simply offered as a bilateral measure or through the SCO is something yet to be seen.

Russian Deputy Prime Minister Dmitry Rogozin and Deputy Prime Minister of the Chinese State Council Wang Yang met in the Chinese capital on Monday and signed a protocol to create a high-level working group for control over implementation of priority strategic projects in Russian-Chinese economic cooperation.

“We decided to single out most interesting projects and place them under personal control of the two deputy prime ministers,” Dmitry Rogozin told ITAR-TASS after the meeting.

“We agreed that the chiefs of Chinese and Russian space agencies will have talks soon. This is cooperation in enlarging the market of space services,” Rogozin said. “This is primarily navigation satellite systems Beidou and GLONASS, joint production of signal-reception modules, joint development of ground infrastructure to provide for all transport corridors between Russia and China and Chinese cargo transit to the West via Russia by specific navigation systems," he added.

The stated projects are interesting in their own right, but such connections between Space Agencies has plenty of potential to quickly morph into areas of intelligence gathering, Integrated Air Defence and indeed Space Defence.

It also fits nicely into the pattern being discussed elsewhere about joint industrial/development projects for AeroSpace/defence Companies.

If one thing comes out of this meeting, it is the prospect of very substantial amounts of Chinese Capital about to start heading north and much of it going into strategic defence related projects and the big push to complete the modern transport infrastructure to fully connect the East and West of the Eurasian landmass and reopen the heart of the continent for trade and logistics.

this visit will be one of the most important and the world is watching. at a time when Obama and company just kicked Russia out of the G8 and kick started the 3rd round of sanctions against Russia we are in the verge of a mega 'mother of all' gas deal between Russia and china. at a time where Obama is rallying the world to politically isolate Russia and economically sanction it, Xi jinping is saying....no thanks we will do the opposite and increase our cooperation with the Russians.

Staff MemberSuper ModeratorVIP Professional

I really do not have time to do more than list the goodies that President Putin on put on the table for President Xi.
Suffice to say, that on a normal news day, any one of these would probably generate a busy thread in its own right.

wow its going to take awhile to digest all these important deals! what about the news of china's credit card Union Pay? from Asia Time's Pepe Escobar he said because of American led sanctions, mastercard and visa will have to shut out Russia so it was ripe for Union Pay to start its service in Russia. Union Pay is currently the 3rd biggest credit card in the world but it's global footprint is limited just to china so they are desperate to expand into overseas markets.

wow its going to take awhile to digest all these important deals! what about the news of china's credit card Union Pay? from Asia Time's Pepe Escobar he said because of American led sanctions, mastercard and visa will have to shut out Russia so it was ripe for Union Pay to start its service in Russia. Union Pay is currently the 3rd biggest credit card in the world but it's global footprint is limited just to china so they are desperate to expand into overseas markets.

actually, last year, all HSBC bank machines uses the union pay system world wide; so there is a meaningful if small global footprint.

holy shit they finally did it. after months of speculation from the press and 10 years of stalling and negotiations they finally did it. no wonder that bastard putin looked so confident when he stepped off his plane. well this is Xi jinping's polite response to Obama's pivot. it's also a message to the world, china don't do sanctions, china is open for business!

Russia Today estimates the price to be 350 per cubic meters. How much has China been paying now?

200 from Stans countries..

This $400B deal is a lifeline to Russia. I expect Russia add in other stuffs for China
1)Open up Siberia, and eastern side for joint development in all aspect.
2)Militarily, open up it strategic nuke submarine and bomber tech for China and help China on it engine program.
3)Give all its excessive nuke warheads stockpile to China. from its current 8000 and reduce to 5000.

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